Purchase 8 banana at 5rs and sell 5 banana at 8rs.Find the profut percentage.?
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Cost price of banana = Rs 5
Selling price of banana = Rs 8
8>5 therefore SP > CP So its profit
Profit = SP - CP
= 8. - 5
= Rs 3 is the profit
So profit percentage = Profit / CP x 100
profit = Rs 3
CP = Rs 5
=> 3/5 x 100
=> 300 / 5
=> 60%
Therefore after evaluation we get 60% as our profit
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